Technical Analysis of Bitcoin Charts – The Most Common Patterns. When you intend to become a successful Bitcoin or Cryptocurrency trader it is crucial that you have an idea about technical analysis. For instance, you have to know all common chart patterns which are repeated frequently in the Bitcoin and altcoin charts. Chart patterns are specific candlestick formations, consisting of a range.

Bitcoin appears to be running out of steam just before one of the most anticipated milestones among cryptocurrency.

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23/11/2017 · Bitcoin price is in the middle of a much-needed correction from its strong rally since mid-September but technical indicators suggest that the uptrend could resume soon. Technical Indicators Signals The 100 SMA is still above the longer-term 200 SMA on the daily time frame so the path of least resistance is to the upside, which means that the uptrend would resume at some point.